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Steel Strips Wheels Ltd P/E Ratio

Steel Strips Wheels Ltd P/E Ratio

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Steel Strips Wheels Ltd

NSE: SSWL

PE

16.1

Last updated : 21 May 03:00 AM

Key Highlights

    The P/E Ratio of Steel Strips Wheels Ltd is 16.1 as of 21 May 03:00 AM .a1#The P/E Ratio of Steel Strips Wheels Ltd changed from 12.3 on March 2022 to 11.9 on March 2023 . This represents a CAGR of -1.64% over 2 years. a1#The Latest Trading Price of Steel Strips Wheels Ltd is ₹ 215.95 as of 18 May 15:30 .a1#The PE Ratio of Auto Ancillaries Industry has changed from 24.5 to 58.7 in 5 years. This represents a CAGR of 19.10%a1# The PE Ratio of Auto Ancillaries industry is 30.1. The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2024a1#The Market Cap of Steel Strips Wheels Ltd changed from ₹ 2521 crore on March 2022 to ₹ 2314 crore on March 2023 . This represents a CAGR of -4.18% over 2 years. a1#The Revenue of Steel Strips Wheels Ltd changed from ₹ 1016 crore to ₹ 1111 crore over 7 quarters. This represents a CAGR of 5.29% a1#The EBITDA of Steel Strips Wheels Ltd changed from ₹ 109.33 crore to ₹ 118.25 crore over 7 quarters. This represents a CAGR of 4.58% a1#The Net Profit of Steel Strips Wheels Ltd changed from ₹ 48.13 crore to ₹ 59.41 crore over 7 quarters. This represents a CAGR of 12.79% a1#The Dividend Payout of Steel Strips Wheels Ltd changed from 7.57 % on March 2019 to 8.08 % on March 2023 . This represents a CAGR of 1.31% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '2212.3
Mar '2311.9

Fundamental Metrics

Market Cap

3,388 Cr

EPS

13.1

P/E Ratio (TTM) *

16.1

P/B Ratio (TTM) *

2.8

Day’s High

223.75

Day’s Low

210.95

DTE *

0.7

ROE *

15.6

52 Week High

298.9

52 Week Low

146.15

ROCE *

18.2

* All values are consolidated

* All values are consolidated

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Steel Strips Wheels Ltd

NSE: SSWL

PRICE

215.95

1.85(0.86%)

stock direction

Last updated : 18 May 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Steel Strips Wheels Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

3,328

Asset Value

1,178

1.8 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

206 Cr

16.1 X

PE Ratio

Market Cap

₹3327Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

206 Cr

16.1 X

PE Ratio

Market Cap

₹3327Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Auto Ancillaries Industry over time

PE Ratio of Top Sectors

Steel Strips Wheels Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Steel Strips Wheels Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Steel Strips Wheels Ltd's Share Price stands at 215.95. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 13.15. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 215.95/ 13.15= 16.13.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Steel Strips Wheels Ltd's stock is trading at approximately 16.13 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Steel Strips Wheels Ltd’s PE Ratio (BSE: SSWL)

    The Price-to-Earnings (PE) ratio, used to assess Steel Strips Wheels Ltd's stock (BSE: SSWL), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '222521
Mar '232315

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '221016
Sep '221085
Dec '22940
Mar '221012
Jun '231049
Sep '231137
Dec '231112

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22109
Sep '22121
Dec '22110
Mar '22115
Jun '23117
Sep '23127
Dec '23118

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2248
Sep '2255
Dec '2244
Mar '2247
Jun '2347
Sep '2352
Dec '2359

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '198
Mar '200
Mar '216
Mar '226
Mar '238

* All values are a in %

About Steel Strips Wheels Ltd

About Steel Strips Wheels Ltd

    Steel Strips Wheels (SSWL), a part of the multifaceted Steel Strips Group, has the accumulated experience of the group behind it. The other companies of the Group are Steel Strips (the flagship company of the Group), Steel Strips & Tubes, S A Builders and Indian Acrylics. The Company is a leading manufacturer of Automotive Wheel rims. SSWL started commercial production from 1991. The company is armed with the latest know-how, manufacturing automobile wheel rims (cap. : 1.8 mln) at its state-of-the-art manufacturing unit at Chandigarh. The company introduced for the first time in the country - Cathodic Electro Deposition to its product range. Its surface coating plant has been supplied, erected and commissioned by a leading company from the US. The Rim Line unit has been supplied by Hess Engineering, US, and the paint shop has been supplied by George Koch Sons, US. SSWL's main clients are Maruti Udyog (MUL), Mahindra & Mahindra, Bajaj Tempo, etc. The company is striving to achieve the ISO 9000 certification. The commercial production of new wheels for Honda Siel Car was started in the year 1997-98.The technical collaboration with Ring Tech Co Ltd was for a period of 3 years. The modernization cum expansion programme to enhance the installed capacity which was started in the year 1998-99 is at the completing stage and programme is likely to be completed in September 2001. In the year 1999-2000, the company has tied up technology with Japanese technical consultants relating to process and product quality control, reduce rejection substantially from the present level, upgrade product quality assurance systems, impart advance training in wheel and die design and technical assistance to staff for procurment of equipments. During year 2003-04, the Company designed and developed wheels for new models of Cars, MUV's, Scooters and Tractors including, INDIGO/ROVER, 207-DI, WAGON RVXI, MODEL-E, GALAXY, TRACTOR FRONT WHEEL and TRACTOR REAR WHEEL. It also commenced mass production of wheels like BOLERO/SCORPIO, CAMPER/SAVARI, SINGLE CAB, HONDA-LQ. The Company commenced mass production of Maruti's Model-K (swift) wheel in FY 2004-05. It completed its modernization cum expansion plan to increase its installed capacity to 7.5 Million Wheels per annum including for LCV Wheels during FY 2006-07. It set up a new plant for manufacturing wheel rims for passenger cars and MUVs at Oragadam near Chennai in Tamil Nadu with installed capacity of 3 million in FY 2007-08. It commenced commercial production at Oragadam plant (near Chennai) Tamil Nadu with installed capacity of 2.50 million Wheel Rims in FY 2008-09. The Company's new Truck Wheel Rims Facility at Jamshedpur commenced its commercial production during the year 2010-11. The Company added additional capacity at its Dappar plant. With this, the total installed capacity results enhanced from 7.50 million wheel Rims to 9.00 million wheel rims p.a. during FY 2010-11. The Second phase expansion at the Oragadam unit of the company was completed during the year 2011-12, which had started the commercial production. With this, the total installed manufacturing capacity of Oragadam unit of the Company increased from 2.5 million to 6 million wheel rims p.a. With the commissioning of Jamshedpur unit, setting up of additional line at Dappar and expansion of Oragadam unit of the company, the total installed capacity of the company has increased to 16 million wheel rims per annum during FY 2011-12. During the year 2015-16, the manufacturing capacity of Jamshedpur plant of the Company has enhanced from 1 million wheel rims to 1.60 million wheel rims p.a. The said additional capacity of 0.60 million commenced its Commercial Production w.e.f 1st October, 2015. As a result, the total installed capacity of the Company comprising of Jamshedpur, Dappar and Chennai Plant increased from 16 million to 16.60 million wheel rims p.a. The Company had also put up a high-tech Steel Processing Unit named 'Ute Mayr Steel Service Centre' at Dappar unit (Punjab) of the Company, for Steel Pickling, Slitting and Cut to Length with a monthly processing capacity of 20,000 Ton Steel. With the setting up of high-tech Steel, the said Steel Processing Unit has commenced its commercial production w.e.f. 31st March, 2016.

Steel Strips Wheels Ltd News Hub

News

Steel Strips Wheels declare Quarterly Result

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 23 May...

Read more

16 May 2024 17:10

News

Steel Strips Wheels wins order for supply of aluminum wheels

Steel Strips Wheels has successfully secured a maiden entry as a supplier of aluminum whee...

Read more

16 Apr 2024 11:51

News

SSWL rises on bagging aluminum wheels contract

The company stated that it is in a strategic partnership for supply of aluminum wheels bes...

Read more

16 Apr 2024 13:14

News

SSWL’s net turnover slips 7% YoY in March 2024

The company’s gross turnover fell 8.68% to Rs 415.05 crore in March 2024 from Rs 454.52 cr...

Read more

01 Apr 2024 15:08

News

SSWL Q3 PAT climbs 35% YoY to Rs 59 cr

Revenue from operations stood at Rs 1,110.30 crore in Q3 FY24, up 18.31% from Rs 938.44 cr...

Read more

17 Jan 2024 15:01

News

Steel Strips Wheels announces board meeting date

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 17 Jan...

Read more

10 Jan 2024 13:52

Product Composition by Percentage (Revenue)

FAQs for PE of Steel Strips Wheels Ltd

What is Steel Strips Wheels Ltd current share price?

The current market price of Steel Strips Wheels Ltd as of May 21, 2024 is ₹215.95.

What is Steel Strips Wheels Ltd's market cap?

Steel Strips Wheels Ltd's market capitalisation stood at ₹3,327 Cr as of May 21, 2024

What are Steel Strips Wheels Ltd's total net assets?

According to Steel Strips Wheels Ltd's most recent financial filings, the company's net assets total ₹1178.3 Cr.

Is Steel Strips Wheels Ltd making a profit or loss?

Steel Strips Wheels Ltd's net Profit as of May 21, 2024 is close to ₹206 Cr.
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